Healthcare IT Market to 2025 (11.7% CAGR Expected) Top Player Profiles – Allscripts Healthcare Solutions Inc., athenahealth, Inc., Cerner Corporation, Epic Systems Corporation, HealthStream, Greenway Health LLC, IBM Corporation and More

U.s. Healthcare IT Market Overview :
The U.S. healthcare information technology (HCIT) market was evaluated at $61,018 million in 2017, and is estimated to reach $149,178 million by 2025, at a CAGR of 11.7% during the forecast period. Healthcare information technology (IT) is an IT field that involves the creation, development, design, use, and maintenance of information systems for the healthcare industry. Automated and interoperable healthcare information systems are anticipated to improve medical care, reduce healthcare costs, increase efficiency, reduce error, and improve patient satisfaction, while optimizing reimbursement for ambulatory and inpatient healthcare providers.

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The market experiences significant growth due to increase in demand for quality healthcare services and solutions, rise in acceptance of mHealth and telehealth practices, surge in demand for improved patient safety and patient care as well as upsurge in government initiatives to promote HCIT. However, high costs incurred for implementation, maintenance, and upgradation of services are anticipated to restrict the growth of this market. Moreover, the healthcare IT is already a well-established market and thus, there is a huge supply and demand gap with many local as well as key players operating in this segment, which in turn is expected to hamper the market growth. Moreover, numerous key players have collaborated with local players to develop efficient products, which would provide lucrative opportunities for the market growth.

The U.S. HCIT market is segmented based on product, end user, and geography. By product, the healthcare IT market is classified into healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. Further, healthcare provider solutions segment is bifurcated into clinical solutions and non-clinical healthcare IT solutions. Clinical solutions is further sub-segmented into electronic health records/electronic medical records, vendor neutral archives (VNA), computerized physician order entry (CPOE), clinical decision support systems (CDSS), radiology information systems (RIS), radiation dose management, specialty management information systems, medical image processing and analysis systems, healthcare IT integration systems, practice management systems, laboratory information systems, digital pathology solutions, mobile health solutions, and telehealth. Non-clinical healthcare IT solutions segment is divided into pharmacy information systems (PIS), medication management systems, healthcare asset management, workforce management systems (WFM), revenue cycle management solutions, medical document management solutions, financial management systems, healthcare information exchange (HIE), population health management solutions, supply chain management, healthcare analytics, and customer relationship management (CRM). By end user, the healthcare IT market is bifurcated into healthcare providers and healthcare payers. The healthcare providers segment is further categorized into hospitals, ambulatory care centers, diagnostic and imaging centers, pharmacies, and others (home healthcare agencies, nursing homes, and assisted living centers). The healthcare payers segment is further classified into private payers and public payers. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA regions.

The key players analyzed in the report are Allscripts Healthcare Solutions Inc., athenahealth, Inc., Cerner Corporation, Epic Systems Corporation, HealthStream, Greenway Health LLC, IBM Corporation, Infor, McKesson Corporation, and SAS Institute Inc.

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Key Benefits For U.s. Healthcare IT Market :
• The study provides an in-depth analysis of the U.S. healthcare IT market along with current trends and future estimations to elucidate the imminent investment pockets.
• A comprehensive analysis of the factors that drive and restrict the market growth is provided.
• A comprehensive quantitative analysis of the industry from 2017 to 2025 is provided to enable stakeholders to capitalize on the prevailing market opportunities.
• An extensive analysis of the key segments of the industry helps understand the products and technologies used in the U.S.
• Key market players and their strategies are provided to understand the competitive outlook of the market

U.s. Healthcare IT Key Market Segments :
By Product Type
• Healthcare Provider Solutions
• Clinical Solutions
• Electronic Health/Medical Records
• Vendor Neutral Archive (VNA)
• Computerized Physician Order Entry
• Clinical Decision Support Systems
• Radiology Information Systems
• Radiation Dose Management Solution
• Specialty Management Information Systems
• Medical Image Processing &Analysis Solution
• Healthcare IT Integration Systems
• Practice Management Systems
• Laboratory Information Systems
• Digital Pathology Solutions
• mHealth Solutions
• Telehealth Solutions
• Non-clinical Solutions
• Pharmacy Information Systems
• Medication Management Systems
• Electronic Medication Administration Records Solution
• Barcode Medication Administration Solution
• Medication Inventory Management Systems
• Medication Assurance Systems

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